koss
ValueWalk
In the summer of 2019, a 33-year-old financial analyst from Massachusetts made the speculation of a lifetime. Q2 2021 hedge fund letters, conferences and more It started when he noticed an anomaly in the stock market… He found a stock that was 140% “shorted.” Which means there were more shares shorted than shares in existence! While this is technically possible, it is practically unheard of. As regular readers know, shorting a stock is betting that it will decline in value. Generally, a short interest of 10% is considered high. So a 140% short interest is off the charts. Most people wouldn’t e...
ValueWalk
Whitney Tilson’s email to investors discussing GameStop, Koss, and AMC continue to go down; McKinsey settles for $573 million over role in opioid crisis; How billionaire Robert Smith avoided indictment; Hindenburg Research report on Clover Health. Q4 2020 hedge fund letters, conferences and more GameStop, Koss, And AMC Continue To Go Down1) My "short squeeze bubble basket" continues to implode, with GameStop (GME), Koss (KOSS), and AMC Entertainment (AMC) down 42%, 27%, and 21%, respectively, yesterday. This brings their losses since I called the top a mere five trading days ago to a staggerin...
ValueWalk
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